Coin Club World Internet Numismatic Society


The Tarnished Truth
*** Vol III *** August 2005 *** Issue 22 ***

Howdy Folks - Welcome to The Tarnished Truth !

As I write this the A.N.A. show is still ongoing. Preliminary reports are that public attendance has been lower than expected and that activity on the bourse has been slow in most areas except key dates. In the Heritage auction for example, out of 3,502 lots - 805 lots or almost 25% did not sell.

The numismatic press has been full of glowing reports for recent auctions, listing record after record. But the majority of these recent auctions have been collections of rarities, not the bread and butter coins of coin collecting. With common date coins in grades of MS65 and less many dealers are taking a pass on offers citing already full inventories. And fewer and fewer highly desirable coins are coming onto the market. It almost seems as if everyone who wished to sell has already sold. Even my tracking of world coins being offered on eBay has greatly slowed down. And prices have softened significantly. Now perhaps some of this can be attributed to the "summer doldrums" in the coin market with which many are familiar. But it appears to me that the bullish cycle of the coin market we have experienced in the past few years has run its course.

That's about it for now - I hope you enjoy this as well as future issues of - The Tarnished Truth.

Doug Prather, editor

THE PRESIDENT'S CORNER - Words of inspiration from the WINS President. Read it HERE.

FROM BEHIND THE GREEN CURTAIN - IT tidbits, auction summaries and more. Read it HERE.

MEMBER'S ARTICLE - Batcreek vs Numismatics Read it HERE.

? ? ? Trivia Question ? ? ?

How many commemorative quarters have been issued by the US ?

Answer at the bottom of this page.

TREASURER'S REPORT - The WINS PayPal account is -

  Bank PayPal
Account balances as of 6/30/05 $942.50 $0.00
Treasury balance as of 6/30/05

   Auction #29 - (Seller/Buyer/Lot #)

     Kaden/Robinson/Lot #12


     Kaden/Guiley/Lot #15

Total Receipts




PayPal fee for above transaction

Total Disbursements


Account balances as of 7/31/05
Treasury balance as of 7/31/05

With regard to donations, all donors will be named in future Treasurer's Reports unless you ask for anonymity.

Ken Hughes, WINS#112

? ? ? Trivia Answer ? ? ?

The answer is: ? ? ?
Three - the 1893 Isabella quarter, the 1932 Washington Head quarter, and the Bicentennial 1776-1976 quarter.


Information contained on this page is posted for WINS Club Members use.
If you have any comments or problems with this or any other Club Site page,
please contact the: Operations Admin.

Copyright © 2005-2007 All Rights Reserved.        Legal Notices